Transforming Waste to Wealth: The Power of Recycling and Sustainable Waste Management in Fostering Economic Growth, Protecting Human Health, and Preserving the Environment
Paper ID : 1312-IGA
Authors
M. Aminur Rahman *
Department of Fisheries and Marine Bioscience, Faculty of Biological Science and Technology, Jashore University of Science and Technology (JUST), Jashore-7408, Bangladesh
Abstract
The world is at a critical juncture in managing its waste, with the potential to either exacerbate environmental degradation, health risks, and economic losses or harness waste as a valuable resource to foster sustainable development. This paper presents a comprehensive analysis of the transformative power of recycling and sustainable waste management in driving economic growth, protecting human health, and preserving the environment. By leveraging cutting-edge technologies, innovative business models, and collaborative governance frameworks, waste can be converted into a wealth-creating asset, generating new revenue streams, creating jobs, and stimulating local economies. Our research reveals that effective recycling and waste management practices can reduce greenhouse gas emissions, conserve natural resources, and mitigate the environmental and health impacts of waste disposal. Furthermore, we identify successful case studies and best practices from around the world, demonstrating the potential for waste-to-wealth strategies to improve public health, promote sustainable consumption, and support the achievement of the United Nations' Sustainable Development Goals. The strategic harnessing of waste as a resource can empower cities and countries to generate new economic opportunities, stimulate technological innovation, and promote environmentally conscious consumption patterns, that aids humanity and the environment. This paper provides a roadmap for policymakers, businesses, and civil society organizations to work together in transforming waste into a valuable resource, thereby creating a more circular, inclusive, and sustainable economy that benefits both people and the planet.
Keywords
Recycling, sustainable waste management, economic growth, human health, environmental preservation, circular economy, sustainable development, waste-to-wealth
Status: Accepted